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WV
West Virginia Loan Insurance Program
Credit enhancement helping eligible West Virginia businesses access bank financing.
About this program
The West Virginia Economic Development Authority loan insurance program helps participating lenders finance eligible businesses by insuring a portion of approved loans, reducing lender risk for qualified economic development projects.
Eligibility
Eligible West Virginia businesses seeking financing through participating lenders and meeting WVEDA underwriting and public benefit requirements.
Requirements
- Apply through a participating lender and WVEDA process
- Provide business financials, project budget, collateral, jobs, and use-of-funds information
- Complete lender underwriting, WVEDA approval, and compliance reporting